Kohl's chief merchandising officer resigns

 

Menomonee Falls, Wis. -- Kohl's Corp.'s chief merchandising officer is leaving, according to a report from the AP.

The retailer said in a regulatory filing this morning that Donald Brennan resigned yesterday, effective April 1. He has been with Kohl's since 2001.

The retailer has struggled lately with income down 10% to $889 million for the fiscal year ended Feb.1, and earnings per share dipped 3% to $4.05. Net sales fell 1.3% to 19.0 billion, while comps dipped 1.2% compared to 2012's 0.3% comp increase.

John Worthington, Kohl’s chief administrative officer, left in June last year, according to the report.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!